According to asahi.com (Japanese news website) Panasonic is considering to shut down the production of low end / affordable compact camera due to less sale volume and marginal profit. The smartphone market is continuously dominating the compact sales from 2009,
As you can see in the report the compact sales is decreasing from 2009 and smartphone sales are touching new height, data source – online.wsj.com
Panasonic will continue its focus on pro compact and High-End mirrorless camera, few months we have published a news that Olympus Will Eliminate its V Series of Compact Cameras, See some affordable compact camera of Panasonic at Amazon before they completely disappear.
